Komodo (KMD) Price Tops $0.46

Komodo (KMD) traded 2.6% higher against the U.S. dollar during the one day period ending at 8:00 AM Eastern on April 24th. Komodo has a total market capitalization of $63.07 million and approximately $4.22 million worth of Komodo was traded on exchanges in the last 24 hours. In the last week, Komodo has traded up 20.8% against the U.S. dollar. One Komodo coin can currently be bought for approximately $0.46 or 0.00000696 BTC on major exchanges.

Here is how other cryptocurrencies have performed in the last 24 hours:

• Bitcoin Gold (BTG) traded 0.3% lower against the dollar and now trades at $36.55 or 0.00054859 BTC.
• Zcash (ZEC) traded 1.4% higher against the dollar and now trades at $24.30 or 0.00036473 BTC.
• Horizen (ZEN) traded 2.5% higher against the dollar and now trades at $9.59 or 0.00014400 BTC.
• Pirate Chain (ARRR) traded 7% higher against the dollar and now trades at $0.37 or 0.00000563 BTC.
• Bitcoin Private (BTCP) traded flat against the dollar and now trades at $0.19 or 0.00000700 BTC.
• ZClassic (ZCL) traded up 1.2% against the dollar and now trades at $0.0633 or 0.00000095 BTC.

Komodo Coin Profile

KMD is a dPoW/PoW coin that uses the Equihash hashing algorithm. It launched on September 13th, 2016. Komodo’s total supply is 139,776,980 coins and its circulating supply is 135,953,876 coins. The Reddit community for Komodo is https://reddit.com/r/komodoplatform and the currency’s Github account can be viewed here. Komodo’s official Twitter account is @komodoplatform and its Facebook page is accessible here. The official website for Komodo is komodoplatform.com. Komodo’s official message board is blog.komodoplatform.com.

According to CryptoCompare, “Komodo (KMD) is a blockchain and cryptocurrency platform focused on security, anonymity, and interoperability. Stemming from Bitcoin’s foundation, it surpasses limitations with advanced tech. Key is “delayed proof of work” (dPoW), backing up Komodo on Bitcoin’s chain for extra security. This innovation supports independent blockchains with unique consensus mechanisms, ideal for decentralized apps and secure token sales. Founded by James Lee, Komodo’s team envisioned a privacy-focused, scalable ecosystem, leveraging Lee’s software and blockchain expertise.”

Buying and Selling Komodo

It is usually not presently possible to buy alternative cryptocurrencies such as Komodo directly using US dollars. Investors seeking to acquire Komodo should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Komodo using one of the exchanges listed above.

KMD/USD price chart by TradingView